A O Smith Corp V.AOS

Primary Symbol: AOS

Industrials

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.

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A O Smith Corp

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Comment by Saskatoonboyon Mar 05, 2010 12:01pm

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Post# 16847922

RE: RE: RE: Bank loading up!!

The only way they can get the reserves classification to change is with the information submitted in the pilot application. Proven data and engineering have to be present in order for classification to change. Financing does not have much to do with that. The pilot apllication was very lengthy and it takes time to go over all the data and assign a classification change. They are working on it now and should be done fairly shortly.

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